Anitashah
Uploaded on Jul 19, 2023
Category
Automotive
The global EV market is expected to grow from $26.3 billion in 2022 to $280.6 billion in 2032. This depicts its profitable scope. The electric vehicle market worldwide is poised for significant growth in the coming years. As the cost of EVs continues to fall and the availability of charging infrastructure increases, EVs will become a more mainstream option for consumers. Thus, if you want to make a mark in this market with an app, contact us. We will build a custom EV charging app to make this achievable.
Category
Automotive
EV Market Worldwide
Electric Vehicle Market - Global Outlook
Global Market Value of EV
$26.3 Billion $280.6 Billion
Global Market in 2022 Global Market by 2032
$5 Billion $47 Billion
Market in 2020 (India) Market by 2026 (India)
Global Market Value of EV
EV Vehicles
17.07m
EV Vehicles
10.64m
Unit sales in Unit sales in
2023 2028
The value of the EV market in India was $5 billion in 2020 & is expected to reach more than
$47 billion by 2026.
The US is expected to hold 14% share of the global EV market by 2030.
There could be more than 48 million EVs on the road by 2030 in the US alone.
There will be a requirement of 30 million chargers in the US alone.
Thus, if you are planning to dive into the EV market and want to build an EV application, you
are on the right track.
Sources
statista.com | mordorintelligence.com | gminsights.com | mckinsey.com | deloitte.com
www.xongolab.com
Comments